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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Carrying amounts and fair value of financial instruments
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments in accordance with ASC 820 at September 30, 2015 and December 31, 2014.
 
September 30, 2015
 
December 31, 2014
 
Carrying Amount (1)
 
Fair Value
 
Carrying Amount (1)
 
Fair Value
 
(In thousands)
Financial Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
342

 
342

 
11

 
11

 Cash held in escrow for 1031 exchange
—

 
—

 
698

 
698

   Mortgage loans receivable                                 
4,904

 
4,973

 
4,991

 
5,055

   Interest rate swap assets                             
—

 
—

 
812

 
812

Financial Liabilities:
 

 
 

 
 

 
 

Secured debt
380,715

 
402,425

 
453,776

 
478,659

Unsecured debt
455,000

 
430,709

 
380,000

 
364,295

 Unsecured bank credit facilities
143,146

 
143,184

 
99,401

 
99,638

   Interest rate swap liabilities                                     
7,029

 
7,029

 
3,314

 
3,314

(1) Carrying amounts shown in the table are included in the Consolidated Balance Sheets under the indicated captions, except as explained in the notes below.